57434
Bulgaria Ends Year With  8% Jobless
World Economy

Bulgaria Ends Year With 8% Jobless

Bulgaria’s unemployment rate edged up to 8% in December from 7.9% a month earlier, but improved by 2.0 percentage points from a year ago as the economy grew and businesses created more jobs, the state employment agency said, Reuters reported. Some 261,015 people were unemployed in the Balkan country of 7.2 million people in December, 67,906 fewer than in December 2015, as a result of more jobs in processing and trade, the agency said. While the December 2016 figure was 3,035 more than in November, this was due to a “declining pace of business activity at the end of the year”, it added. The agency, which calculates the jobless rate based on the number of officially registered unemployed, said 13,553 people found work in December, 2,408 more than in December 2015. The finance ministry expects the unemployment rate to drop to 7.2% as domestic demand recovers. It expects the jobless rate to fall to 6.7% in 2018.

Short URL : https://goo.gl/p94Ez9
  1. https://goo.gl/2xPRNL
  • https://goo.gl/e3eTTa
  • https://goo.gl/JlOy1i
  • https://goo.gl/Rp3yBL
  • https://goo.gl/INm4nY

You can also read ...

Apple Inc won guarantees from the Trump administration that its lucrative iPhones would ship from China  without being subject to tariffs.
Big companies in the United States from Amazon.com Inc to...
Qatar Capable of Overcoming Siege Challenges
Qatar affirmed its ability to overcome the challenges of the...
Japan Inflation Inches Higher
Japan’s inflation picked up slightly in June, largely because...
Today, income inequality in the US is greatest among Asians. Asians displaced blacks as the most economically divided racial or ethnic group in the US.
The rich are getting richer and the poor are getting poorer in...
State-Actors Likely Behind Singapore Cyberattack
State-actors were likely behind Singapore’s biggest ever...
Argentina Making Fiscal Progress
Argentina is “unequivocally” making progress on its goals to...
S&P Affirms Russia’s Stable Outlook
Standard & Poor’s said in a statement on Friday that it...
Growing Inflation Looms Large Over India’s Economy
From rising crude oil prices to a poor start to rice-planting...

Add new comment

Read our comment policy before posting your viewpoints

Trending

Googleplus